Supply Chain

Roc Partners’ Longriver Farms has sold grain storage and handling business Emerald Grain less than two years after acquiring it from Sumitomo Corporation.

The Premium Food Fund has made five investments to date and is 40% committed, with another two or three deals over the next two years set to take it to full deployment.

Retail prices for avocados in Australia are tracking 47% below the five-year average thanks to an oversupply following large harvests in 2021-22.

'Agriculture and food production is way behind other industries in terms of technology adoption, but disruption is now coming in fast,' says Alastair Cooper of ADM Capital.

The firm has also raised €260m for its debut Food Ecosystem Fund, which it expects to close on €300m in Q3.

One of the medium to long-term impacts of the coronavirus could be to encourage more states to bring their food supply chains closer to home.

Anthony Sepich says Pipeline Foods is now in the phase of executing the mid-to-long term initiatives that will 'move the needle ... in terms of profitability.'

Businesses and properties associated with food production and distribution attract growing interest from private equity funds, real estate investors and more traditional agri investors.

Australia’s largest honey producer recommends Wattle Hill and Roc Capital’s joint bid, which values the company at $137m.

The acquisition helps Premium Brands break into markets in Eastern Canada, the region Interprovincial Meats caters to.